View Policies Current Attempt in Progress Monte Services, Inc. is trying to establish the standard...
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Accounting
View Policies Current Attempt in Progress Monte Services, Inc. is trying to establish the standard labor cost of a typical brake repair. The following data have been collected from time and motion studies conducted over the past month. Actual time spent on the brake repairs 1 hour Hourly wage rate Payroll taxes $14 20% of wage rate Setup and downtime 6% of actual labor time Cleanup and rest periods Fringe benefits 34% of actual labor time 20% of wage rate (a) Determine the standard direct labor hours per brake repairs. (Round answer to 2 decimal places, e.g. 1.25) Standard direct labor hours per brake repair hours eTextbook and Media Save for Later Attempts: 0 of 5 used Submit
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